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Kontoor Brands

Kontoor Brands
S&P 600 component
HeadquartersGreensboro, North Carolina
Key people
Scott Baxter (CEO) [1]
RevenueIncrease $2.5 Billion(2019)[2]
Number of employees
ParentVF Corporation

Kontoor Brands is an American clothing company.[4][5] It was a spin off from the VF Corporation in May 2019,[6][7][8] and markets denim clothing under the Lee, Wrangler and Rock & Republic brand names.[9][10] Kontoor Brands also operates the VF Outlet chain of factory outlet stores. Its head office is in Greensboro, North Carolina.[11][5]

Stock in the company is traded on the New York Stock Exchange under the symbol KTB; market capitalisation in 2020 was about $2.2 billion.[12][13]

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  4. ^ Riley Moffat, Anne (2018-12-06). "VF names planned jeans spinoff Kontoor, not Wrangler or Lee". Retrieved 2020-02-05.
  5. ^ a b Journal, Richard Craver Winston-Salem. "Kontoor begins independent life with focus on jeans innovation, attracting new customers". Winston-Salem Journal. Retrieved 2020-02-19.
  6. ^ Business, Paul R. La Monica, CNN. "Lee and Wrangler hope to be a hit like Levi's". CNN. Retrieved 2020-02-10.
  7. ^ Wightman-Stone, Danielle (2019-05-28). "Kontoor Brands completes separation from VF Corp". Retrieved 2020-02-05.
  8. ^ Reagan, Courtney (2019-08-08). "CEO of Wrangler, Lee parent isn't afraid of a recession or tariffs on China-made goods". CNBC. Retrieved 2020-02-10.
  9. ^ Singh, Prachi (2018-12-06). "VF's separated jeanswear business to be named Kontoor Brands". Retrieved 2020-02-05.
  10. ^ Editorial, Reuters. "KTB - Kontoor Brands Inc Profile | Reuters". www.reuters.comundefined. Retrieved 2020-02-05.[permanent dead link]
  11. ^ "Kontoor Brands, Inc". Retrieved 2020-02-05.
  12. ^ Bellis, Mark. "Reason's why Kontoor Brands, Inc. (KTB) is an asset to your trade with current Target Price of $34.44 | Invest Chronicle". Retrieved 2020-03-01.
  13. ^ "Kontoor Brands, Inc. (KTB) Stock Price, Quote, History & News - Yahoo Finance". Retrieved 2020-02-05.